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Micron provided Tesla with memory chips
Billionaire Elon Musk revealed that Micron Technology supplied Tesla with abundant memory chips, helping to ease the supply chain constraints that were affecting the American auto industry. Musk pointed out during the company's earnings announcement that Micron's supplies came on favorable commercial terms despite the rising prices and shortages of chips, amid increasing demand for memory driven by the expansion of AI systems. He also launched the "TeraFap" program aimed at manufacturing semiconductors and memory at an unprecedented production scale to boost Tesla's ability to meet the ongoing and growing demand for chips.
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